If somebody want use it with an auto system will need EAX dashboard. It have Pips option for set what area in pips can't close trades. I use only can close trades if are +10 pips. I dont let close any trade in loss.
About system any will be valid while fits with requirements explained at first post. But as you need lock bad trades should be a system uses EAX PINs.
Last requirement is a tool for manage non recoverable trades. I will post when its done. Basically will close trades fits with a few rules
1) Profit made since was opened is X times bigger than loss is making that trade
2) it have a X days age
3) Last X days is going growing loss ( this avoid close if trade is really recovering )
If you want do it manual then you only need decide a few things:
1) Min winner profit ( in pips or % of balance )
2) Number of pairs to use
3) Max number of trades opened at same time ( this is very important )
4} Non recoverable rules posted above
About system any will be valid while fits with requirements explained at first post. But as you need lock bad trades should be a system uses EAX PINs.
Last requirement is a tool for manage non recoverable trades. I will post when its done. Basically will close trades fits with a few rules
1) Profit made since was opened is X times bigger than loss is making that trade
2) it have a X days age
3) Last X days is going growing loss ( this avoid close if trade is really recovering )
If you want do it manual then you only need decide a few things:
1) Min winner profit ( in pips or % of balance )
2) Number of pairs to use
3) Max number of trades opened at same time ( this is very important )
4} Non recoverable rules posted above
Try don't lose pants never...
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